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AllianceBernstein Global High Income Fund releases Monthly Portfolio Update
NEW YORK, June 26, 2012 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of May 31, 2012.
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AllianceBernstein Global High Income Fund, Inc. | |
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Top 10 Fixed Income Holdings |
Portfolio % |
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1) U.S. Treasury Bonds 3.125%, 2/15/42 |
3.67% |
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2) Russian Agricultural Bank OJSC Via RSHB Capital |
0.97% |
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SA 7.75%, 5/29/18 |
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3) Republic of Brazil 12.50%, 1/05/22 |
0.94% |
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4) Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.93% |
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5) Ivory Coast Government International Bond |
0.83% |
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2.45%, 12/31/32 |
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6) Argentina Bonos 7.00%, 10/03/15 |
0.81% |
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7) Dominican Republic International Bond 8.625%, |
0.67% |
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4/20/27 |
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8) Morgan Stanley Capital I Series 2006-IQ12, |
0.59% |
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Class AM 5.37%, 12/15/43 |
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9) El Salvador 7.65%, 6/15/35 |
0.54% |
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10) South Africa Government Bond Series R207 7.25%, |
0.53% |
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1/15/20 |
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Fixed Income Holdings by Security Type |
Portfolio % |
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Corporates - Non-Investment Grades |
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Industrial |
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Consumer Non-Cyclical |
6.83% |
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Capital Goods |
6.11% |
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Energy |
5.15% |
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Communications - Media |
4.52% |
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Consumer Cyclical - Other |
4.24% |
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Technology |
3.81% |
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Basic |
3.40% |
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Communications - Telecommunications |
3.29% |
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Services |
1.90% |
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Consumer Cyclical - Automotive |
1.74% |
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Consumer Cyclical - Retailers |
1.55% |
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Other Industrial |
1.36% |
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Transportation - Services |
0.82% |
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Consumer Cyclical - Entertainment |
0.74% |
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Transportation - Airlines |
0.56% |
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Consumer Cyclical - Restaurants |
0.27% |
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Transportation - Railroads |
0.03% |
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SUBTOTAL |
46.32% |
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Financial Institutions |
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Banking |
1.18% |
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Finance |
1.09% |
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Other Finance |
0.73% |
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Insurance |
0.57% |
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Brokerage |
0.39% |
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REITS |
0.16% |
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SUBTOTAL |
4.12% |
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Utility |
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Electric |
1.84% |
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Natural Gas |
1.02% |
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SUBTOTAL |
2.86% |
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SUBTOTAL |
53.30% |
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Corporates - Investment Grades |
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Financial Institutions |
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Insurance |
2.32% |
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Banking |
1.77% |
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Other Finance |
0.47% |
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REITS |
0.27% |
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Finance |
0.18% |
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Brokerage |
0.10% |
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SUBTOTAL |
5.11% |
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Industrial |
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Basic |
1.47% |
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Energy |
0.36% |
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Other Industrial |
0.28% |
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Communications - Telecommunications |
0.19% |
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Consumer Cyclical - Other |
0.17% |
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Capital Goods |
0.11% |
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Consumer Cyclical - Retailers |
0.09% |
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Transportation - Airlines |
0.08% |
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SUBTOTAL |
2.75% |
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Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
1.82% |
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SUBTOTAL |
1.82% |
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Utility |
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Electric |
0.16% |
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SUBTOTAL |
0.16% |
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SUBTOTAL |
9.84% |
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Governments - Treasuries |
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Treasuries |
6.40% |
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SUBTOTAL |
6.40% |
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Emerging Markets - Sovereigns |
4.85% |
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Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
2.93% |
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Non-Agency Floating Rate CMBS |
1.13% |
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SUBTOTAL |
4.06% |
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Emerging Markets - Corporate Bonds |
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Basic |
1.34% |
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Communications - Media |
0.54% |
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Consumer Cyclical - Other |
0.49% |
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Other Industrial |
0.31% |
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Consumer Non-Cyclical |
0.24% |
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Transportation - Services |
0.14% |
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Communications - Telecommunications |
0.12% |
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Energy |
0.10% |
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Consumer Cyclical - Retailers |
0.07% |
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Technology |
0.04% |
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SUBTOTAL |
3.39% |
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Financial Institutions |
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Other Finance |
0.15% |
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Banking |
0.03% |
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SUBTOTAL |
0.18% |
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Utility |
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Electric |
0.03% |
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SUBTOTAL |
0.03% |
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SUBTOTAL |
3.60% |
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Collateralized Mortgage Obligations |
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Non-Agency Floating Rate |
2.09% |
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Non-Agency Fixed Rate |
1.16% |
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SUBTOTAL |
3.25% |
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Emerging Markets - Treasuries |
2.91% |
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Bank Loans |
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Industrial |
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Technology |
0.47% |
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Consumer Cyclical - Automotive |
0.40% |
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Communications - Media |
0.28% |
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Consumer Cyclical - Other |
0.22% |
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Other Industrial |
0.21% |
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Consumer Non-Cyclical |
0.18% |
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Basic |
0.15% |
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Consumer Cyclical - Entertainment |
0.14% |
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Consumer Cyclical - Retailers |
0.11% |
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Energy |
0.09% |
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Services |
0.08% |
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SUBTOTAL |
2.33% |
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Financial Institutions |
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Finance |
0.27% |
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SUBTOTAL |
0.27% |
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Utility |
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Electric |
0.07% |
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SUBTOTAL |
0.07% |
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SUBTOTAL |
2.67% |
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Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
2.44% |
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SUBTOTAL |
2.44% |
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Asset-Backed Securities |
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Home Equity Loans - Fixed Rate |
0.87% |
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Home Equity Loans - Floating Rate |
0.24% |
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SUBTOTAL |
1.11% |
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Preferred Stocks |
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Financial Institutions |
1.09% |
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Non Corporate Sectors |
0.01% |
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SUBTOTAL |
1.10% |
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Supranationals |
0.63% |
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Governments - Sovereign Bonds |
0.57% |
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Local Governments - Regional Bonds |
0.55% |
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Governments - Sovereign Agencies |
0.41% |
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Local Governments - Municipal Bonds |
0.41% |
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Inflation-Linked Securities |
0.38% |
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Common Stocks |
0.20% |
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Short-Term Investments |
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Investment Companies |
1.15% |
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Governments - Sovereign Bonds |
0.17% |
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Total Fixed Income |
100.00% |
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Country Breakdown |
Portfolio % |
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United States |
64.12% |
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Russia |
4.59% |
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Brazil |
3.63% |
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United Kingdom |
2.41% |
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Luxembourg |
1.66% |
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Argentina |
1.60% |
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Netherlands |
1.18% |
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Dominican Republic |
1.12% |
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Germany |
1.07% |
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Canada |
1.02% |
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South Africa |
0.94% |
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Indonesia |
0.91% |
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Turkey |
0.86% |
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Ireland |
0.84% |
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Cote D'Ivoire |
0.83% |
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El Salvador |
0.81% |
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Kazakhstan |
0.76% |
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Ukraine |
0.64% |
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Mexico |
0.63% |
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Supranational |
0.63% |
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Hungary |
0.62% |
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Switzerland |
0.62% |
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India |
0.58% |
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France |
0.55% |
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Peru |
0.51% |
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United Arab Emirates |
0.49% |
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Colombia |
0.48% |
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Italy |
0.47% |
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Spain |
0.46% |
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Portugal |
0.43% |
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Croatia |
0.39% |
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Uruguay |
0.38% |
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Chile |
0.35% |
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Barbados |
0.32% |
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Japan |
0.31% |
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Lithuania |
0.28% |
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Hong Kong |
0.28% |
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Philippines |
0.26% |
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Serbia |
0.25% |
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Ghana |
0.25% |
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Norway |
0.22% |
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Australia |
0.22% |
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Egypt |
0.20% |
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China |
0.17% |
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Trinidad & Tobago |
0.15% |
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Singapore |
0.13% |
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Czech Republic |
0.12% |
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Bermuda |
0.10% |
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Austria |
0.08% |
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Denmark |
0.08% |
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Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
Portfolio % |
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United States Dollar |
93.85% |
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Mexican Peso |
1.89% |
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New Turkish Lira |
1.51% |
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Norwegian Krone |
0.96% |
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South African Rand |
0.93% |
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Brazilian Real |
0.72% |
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Russian Rubles |
0.48% |
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Dominican Peso |
0.48% |
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Uruguayan Peso |
0.41% |
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Philippine Peso |
0.28% |
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Chilean Peso |
0.23% |
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Egypt Pound |
0.22% |
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Colombian Peso |
0.19% |
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Great British Pound |
0.08% |
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Hungarian Forint |
0.07% |
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Indonesian Rupiah |
0.05% |
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Australian Dollar |
0.02% |
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Indian Rupee |
0.01% |
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Canadian Dollar |
-0.03% |
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Euro Dollar |
-2.35% |
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Total Investments |
100.00% |
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Credit Quality Breakdown |
Portfolio % |
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AAA |
5.08% |
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AA |
0.69% |
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A |
6.87% |
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BBB |
16.27% |
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BB |
25.51% |
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B |
30.68% |
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CCC |
10.17% |
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CC |
0.44% |
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C |
0.26% |
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D |
0.16% |
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Not Rated |
2.55% |
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Short Term Investments |
1.32% |
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Total Investments |
100.00% |
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Portfolio Statistics: |
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Average Coupon: |
8.32 |
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Average Bond Price : |
N/A |
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Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
10.56%* |
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Preferred Stock: |
0.00% |
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Tender Option Bonds: |
0.00% |
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Term Asset-Backed Loans Facility (TALF): |
0.00% |
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Total Fund Leverage: |
10.56% |
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Average Maturity: |
8.00 Years |
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Effective Duration: |
4.38 Years |
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Total Net Assets: |
$1,232.34 Million |
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Net Asset Value: |
$14.39 |
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Number of Holdings: |
854 |
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Portfolio Turnover: |
26 |
* Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L.P.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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